Bullish

Hyperliquid Expands HIP-1 with Deployer-Controlled scaleWei Feature

10:50

Hyperliquid adds scaleWei to HIP-1, enabling deployers to proportionally distribute tokens to reference holders. The feature supports token re-pricing and automatic order resubmission at new ratios.

Woofun AI reports that Hyperliquid will introduce the scaleWei function within HIP-1, a deployer-controlled mechanism responding to developer feedback. This feature enables the proportional transfer of specific tokens from a system address to all users holding 'reference tokens' in a single operation, with allocations rounded down based on holding ratios.

The primary application involves token re-pricing scenarios. When adjustments affect the same token, the system automatically cancels and resubmits pending orders at the updated ratio. The functionality also supports reverse adjustments, allowing for both increases and decreases in token amounts.

WOOFUN AI

Impact Assessment · Quick Read

The introduction of scaleWei enhances Hyperliquid's infrastructure for managing token economics, specifically facilitating smoother re-pricing events without disrupting user positions. By automating order resubmission, the feature reduces friction and potential arbitrage opportunities during token adjustments. This upgrade may increase developer confidence in deploying complex token models on the platform, potentially driving higher adoption of HIP-1 compliant projects.
Generated by WOOFUN AI · For reference only, not investment advice

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